HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit−0.137%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$854as in the Funding arb table

Net, price: spread back to 7d avg − costs−$880as in the Price arb table

costs, in and out, $10k−$8718.707% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.137%, 7d avg −0.042%

Together, before fees+0.181%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.094% cheaper against Bybit than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.042%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit HIMSUSDT	29.240	0	get 0.0000% / 8h	2h 02m	$295K	$129K	25x
Short	KuCoin HIMSUSDTM	29.200	0.0100	get 0.0100% / 8h	2h 02m	$137K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.137%Rate

Funding earned: $21
Price spread: −0.137% → −0.042%: −$9.43
Slippage, 4 orders: −$847.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$859.13
Costs to cover: 8.707%
Break-even: 293.4 days

Slippage from Bybit: live order book, 37 min ago; KuCoin: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 37 min ago	10.26 bp	84.3 bp −$84	220.6 bp −$2,206	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	18.81 bp	471.9 bp −$472	doesn't fit	doesn't fit	doesn't fit

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	−0.0036%	1h	29.229	−0.038%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0004%	1h	29.230	−0.034%	$1.3M	$510K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.223	−0.057%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.250	+0.034%	$968K	$2.6M	20x	as long as short
Bybit HIMSUSDTlong	0.0000%	8h	29.240	long leg	$295K	$129K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.200	−0.137%	$287K	$156K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.233	−0.024%	$509K	$204K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.240	0.000%	$97K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.231	−0.031%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.237	−0.010%	$7K	$39K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.220	−0.068%	—	—	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.200	−0.137%	$137K	$38K	20x
tradeXYZ xyz:HIMS	+0.0130%	1h	29.237	−0.010%	$3.4M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.530	+0.992%	$13K	$22K	5.5x	as long as short